Intelliweed
DealAn environmentally friendly weeding tool that pierces the weed and releases a herbicide.
Pitched by Omid Rad
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From the show
The Shark Tank Australia pitch
- A$175K
- Asked for
- 7.5%
- Offered equity
- A$2.3M
- Sought valuation
- A$175K
- Deal amount
- 15%
- Deal equity
- A$1.2M
- Deal valuation
Omid Rad brought Intelliweed into the Shark Tank Australia in season 2, episode 10, pitching an environmentally friendly weeding tool that pierces the weed and releases a herbicide..
They asked the sharks for A$175K for 7.5% of the company. That valued the business at A$2.3M.
Intelliweed landed a deal with Glen Richards at A$175K for 15%.
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